secwatch.observer — SEC 8-K summary
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Issuer:     AppTech Payments Corp. (APCX)
CIK:        0001070050
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001683168-25-007970
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppTech Payments acquires InfinitusPay for up to $3M cash, 5M shares, and 4M warrants
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- Acquisition consideration: $2M cash at closing (less Indebtedness), 1M closing shares, 4M lock-up shares, and 4M warrants at $3.00.
- Earn-out: additional $1M cash if Infinitus generates ≥$300k monthly revenue for three consecutive months post-closing.
- Infinitus becomes wholly-owned subsidiary; Alan Carr, Infinitus CEO, appointed AppTech Chief Product Officer.
- Acquisition closed October 31, 2025; press release issued November 5, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070050/000168316825007970/0001683168-25-007970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070050/000168316825007970/apptech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007970

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